Investorideas.com
Search  Follow Investorideas on Twitter  Investorideas is on Facebook  Investorideas is on Google Plus  Investorideas is on Youtube  Investorideas is on Pinterest  Investorideas is on tumblr  Investorideas is on LinkedIn  Investorideas RSS 


Investorideas podcasts on iTunes, Google Play Music and iHeart.com


Transportation and Stationary Energy Storage Will Overtake Consumer Electronics as the Largest Markets for Energy Storage by 2018, Says Lux Research

By 2025 the energy storage market will top $100 billion applications in transportation alone reaching $69 billion

 

Boston, MA - June 27, 2017 (Investorideas.com Newswire) Consumer electronics like smartphones and laptops have traditionally driven the most demand for energy storage devices such as lithium-ion batteries, but clean energy advances mean that transportation and stationary energy storage will soon become the largest energy storage markets, according to Lux Research, a leading provider of intelligence services, helping clients drive growth through technology innovation.

While consumer electronics make up the majority of revenue today, increased adoption of electric vehicles and hybrids drive transportation to dominate the energy storage industry with a $69 billion market in 2025. Transformations in the electricity grid mean that stationary storage has the highest growth rates and will reach $19 billion in 2025. This growth will have profound implications, ranging from how whole economies are powered to how populations and products move around.

"From electric cars to consumer electronics, we've already seen the importance of improved energy storage to enable better performance," said Christopher Robinson Lux Research analyst and a lead author of the report, Quantifying Growth Opportunities in the $105 Billion Energy Storage Market. "The emergence of plug-in vehicles from Tesla and its competitors will reshape the energy storage market, while increasing renewable deployments will make stationary storage energy another source of growth."

Lux analysts studied more than a dozen energy storage applications to quantify the opportunity in this rapidly growing market, finding that:

The report titled, Quantifying Growth Opportunities in the $105 Billion Energy Storage Market, is part of the Lux Research Energy Storage intelligence service.

About Lux Research

Lux Research is a leading provider of intelligence services, helping clients drive growth through technology innovation. With quality data derived from primary research, fact-based analysis, and opinions that challenge traditional thinking, Lux clients are empowered to make better, informed decisions today to ensure future success. A pioneer in the research industry, Lux is uniquely positioned with technical expertise in addition to business insights, augmented by advanced analytics.

Analysis you trust. Opinions you rely on. Make better decisions, faster. For more information visit www.luxresearchinc.com

Mariah Lafey
Lux Research
9785011971
Lux@pluckpr.com


RenewableEnergyStocks.com: investing ideas in renewable energy stocks

Like Renewable Energy Stocks? View our Renewable Energy Stocks Directory

Get News Alerts on Renewable Energy Stocks


More Info:

Investorideas.com Newswire

This news is published on the Investorideas.com Newswire - a global digital news source for investors and business leaders

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp

Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.


Questrade Democratic Pricing - 1 cent per share, $4.95 min / $9.95 max



Join Investor Ideas Members to access the Renewable Energy stocks directory, water stocks, biotech stocks, defense stocks directories and the Insiders Corner